Skip to content

General information

Posting ID
PSR1JP00081438
Organisation
Ministry of Defence
Contract duration
6 monthd
Workplace Type
Hybrid
Location
Corsham

Description & Requirements

On behalf of the MOD, we are looking for a Cost Modeller (Inside IR35) for a 6 months contract based 2-3 days a week in Corsham


The Ministry of Defence (MOD) is a central government department with a mission to protect our country and provide the ultimate guarantee of its security and independence, as well as helping to protect its values and interests abroad.


To do this we have an annual budget of almost £40 billion and a workforce comprising 193,000 people, almost 59,000 of whom are civilians. We currently manage more than £11 billion of spend every year.


Our work really matters; we offer engaging roles which have a direct impact on the quality of services we provide. We employ people in many different roles and in many locations across the UK and abroad. We have jobs in policy, finance, HR, IS/IT, commercial and project management and all the types of jobs you would expect to find in a government department, or indeed in the private sector. We also employ doctors, dentists, teachers, police, fire service, quantity surveyors, and engineers to name a few. There are many opportunities to develop and progress both within MOD and across the wider Civil Service, whether you’re a permanent appointee or an interim.


Cost Model Estimating lead and Recharging Lead for the Digital Foundry


As a Cost Modeller, your main responsibilities will be:


  • You will provide Subject Matter Expert (SME) advice and guidance on Cost Estimating, ensuring robust quality estimates are provided to inform decision making by Senior Management.


Day-to-day estimating activities will be varied and will include but not limited to:

  • Development and maintenance of Assumptions and Basis of Estimate;
  • Financial Treatments;
  • Data collection & Normalisation;
  • Application of Estimating Methodologies;
  • Estimating Uncertainty;
  • Probability & Statistics;
  • Cost Risk Analysis;
  • Economic Analysis;
  • Stochastic Modelling including Model Build;
  • Data analytics including
  • Cost Driver Analysis;
  • Sensitivity Analysis; and
  • Scenario Analysis.


Broader activity will also include:

  • Close engagement with project staff
  • Engagement with external stakeholders including Scrutiny.
  • Support to PCR process
  • Maintenance of Models in the live service environment.
  • Quality Assurance including Verification & Validation of Cost Models.
  • Continued development of recharging models for Foundry Services and supporting instructions.
  • Generation of financial MI to support recharging of Foundry Services to TLBs either through Direct or Indirect Billing.
  • Co-ordination of indirect billing (financial journals) once recharging values have been agreed between project team and TLBs.
  • Monthly reconciliation of recharging and input into the monthly forecast reviews.


Essential:


  • Qualified or Part Qualified Accountant
  • Cost Modelling Experience
  • Building Robust cost models in line with standard set but the Cost Analysis Assurance Services (CAAS).
  • Cost Modelling for approvals
  • Strong Excel skills
  • Strong Stakeholder Management and Collaboration skills
  • Willing and Eligible to be SC cleared


Desirable:

  • MOD Experience


Please be aware that this role can only be worked within the UK and not Overseas.


Disability Confident 


As a member of the Disability Confident Scheme, the MOD guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group. This scheme encourages candidates with a disability and/or neurodivergence to apply.




Armed Forces Covenant 


The MOD guarantees to interview veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group.



In applying for this role, you acknowledge the following “this role falls in scope of the Off Payroll Working in the Public Sector legislation. Any rates of payment quoted will reflect the gross rate per day for the assignment and will be subject to appropriate taxes and statutory costs. As such the payment to the intermediary and your income resulting from this contract will be different.